Ellen Rose Alemany is an American business executive. She is the Vice Chairwoman of First Citizens BancShares. She was formerly the chairwoman of CIT Group.
In 2020, she was included in a list of "most powerful women in banking" published by American Banker.
Early life and education
Alemany was raised in the Bronx, New York, the daughter of Italian immigrants who operated a liquor store.
She graduated with a B.A. in English literature from the University of Bridgeport.
[ After school she took a job in the legal department at IBM and then at Chase Manhattan where she worked in process engineering while attending graduate school in the evenings.][
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She received an MBA from Fordham University with a specialization in finance in 1980.
Career
From 1977 to 1987, Alemany worked at Chase Bank.
She came out of early retirement to become the CEO of CIT Group in April 2016 and became chairwoman in May 2016.
In 2020 First Citizens BancShares agreed to buy CIT for $2.2 billion, and offered Alemany a position as vice-chair, with a salary of $1 million and guaranteed bonus of almost $6.9 million per year, conditional on her remaining with the company for two years.
She has been on the board of the Center for Discovery since 2008,
She is on the board of Catholic Charities of the Archdiocese of New York
Personal life
She is married to Joaquin "Jack" Alemany; they have three children, including Jackie Alemany.
Awards and honors
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2007 - Alemany named to Treasury and Risk's list of the 100 Most Influential People in Finance (Bankers Redefining Their Role and Watching Their Backs).
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2009 - Alemany named to Forbes Magazine "One of the World's Most Powerful Women" list.
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2011 - Recipient of the Foreign Policy Association Corporate Social Responsibility Award.
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2012 - Connecticut Women's Hall of Fame 2010 Honoree.
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2013 - American Banker Lifetime Achievement Award. American Banker recognized Alemany's contributions and influence, naming her nine times to its annual list of the 25 Most Powerful Women in Banking.
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2017 – American Banker Most Powerful Women in Banking (#3)
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2018 - Alemany was named the winner of the Peter G. Peterson award by the Conference Board's Committee for Economic Development.
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2018 – American Banker Most Powerful Women in Banking (#3)
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2019 – Crain's New York Business Notable Women in Banking
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2019 – Women's Bond Club Merit Award
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2019 – The Center for Discovery honoree
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2019 – American Banker Most Powerful Women in Banking (#2)
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2020 – Darla Moore School of Business Center for Executive Succession Leadership Legacy Award
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2020 – American Banker Most Powerful Women in Banking
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2021 – Crain's New York Business Notable Women on Wall Street
